1345 18 Th St Santa Monica, CA 90404

$3,500,000
Santa Monica, CA   90404
0 Beds, 0.0 Baths, 0 sq ft, 7,496 sq ft lot, Built in 1965
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0 Beds,
0.0 Baths,
0 sq ft,
7,496 sq ft lot
Built in 1965

Description

MLS# 18389792

THE PROPERTY WILL BE RELISTEDThe 18th Street Apartments located in prime Santa Monica is just south of Wilshire Blvd. Tenants can easily enjoy the close proximity of Wilshire Boulevard, the Third Street Promenade, and Main Street boutique shops, dining and nightlife.The desirable unit mix consists of (2) three-bedroom/two-bath and (5) two bedroom/two-bath units. The property has undergone extensive upgrades and improvements including a new hot water heater and copper plumbing throughout. 2 of the 7 units have be fully renovated with stainless steel appliances, grey laminate flooring, custom accent walls, recessed lighting, stone countertops & backsplashes and custom cabinetry. All units have spacious floorplans, dishwashers and lots of natural light. With the 86% upside potential in rents, this property offers investors a tremendous value-add opportunity for future rent growth. Listed by Kimberly Roberts Stepp, Kwsm.

Description

MLS# 18389792

THE PROPERTY WILL BE RELISTEDThe 18th Street Apartments located in prime Santa Monica is just south of Wilshire Blvd. Tenants can easily enjoy the close proximity of Wilshire Boulevard, the Third Street Promenade, and Main Street boutique shops, dining and nightlife.The desirable unit mix consists of (2) three-bedroom/two-bath and (5) two bedroom/two-bath units. The property has undergone extensive upgrades and improvements including a new hot water heater and copper plumbing throughout. 2 of the 7 units have be fully renovated with stainless steel appliances, grey laminate flooring, custom accent walls, recessed lighting, stone countertops & backsplashes and custom cabinetry. All units have spacious floorplans, dishwashers and lots of natural light. With the 86% upside potential in rents, this property offers investors a tremendous value-add opportunity for future rent growth. Listed by Kimberly Roberts Stepp, Kwsm.

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  • Headshot
    Mike Misquez, MBA

    NMLS# 1662824

    Direct: (909) 251-2560
    Email: mike@colonialres.com

Area
AREA: C14 - Santa Monica
COUNTY: LA
Building Info
STORIES: 2
PARKING: Garage
Interior Features
APPLIANCES: Refrigerator, Dishwasher
Community
UNITS TOTAL: 7
STORIES TOTAL: 2
Land
ZONE: SMR2*
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